Funding you earn now, next payment 01:00 UTC+0.0029%/8h= +3.2% APRnext payment +$0.04 per $10,000 · paid last 24h +0.008%
Price spread now: SoDEX against QFEX+0.025%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and SoDEX is 0.025% dearer against QFEX than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX COIN-USD | 201.64 | 0.0021 | pay 0.0003% / 1h | 52m 27s | $1.4M | $3.9M | 10x |
| Short | SoDEX COIN-USD | 201.69 | 0.0050 | get 0.0006% / 1h | 52m 27s | $96 | $3K | 10x |
QFEX COIN-USD
SoDEX COIN-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against QFEX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $6.05
- Price spread: +0.025% → 0.000%
- $2.48
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$9.47
- Costs to cover
- 0.180%
- Break-even
- 18.0 days
Slippage unknown: QFEX: live order book, 11 min ago; SoDEX: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy QFEX live order book, 11 min ago | 1.49 bp | 6.5 bp −$7 | 8.9 bp −$89 | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
COIN on 26 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective COIN/USDC PERP | −0.0440% | 1h | 201.62 | −0.010% | $44K | $48K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 201.64 | −0.002% | $370K | $840K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 201.56 | −0.039% | $123K | $458K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 201.65 | +0.005% | $15.8M | $76.1M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 201.63 | −0.005% | $5.0M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 201.68 | +0.020% | $3.3M | $4.6M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 201.61 | −0.015% | $1.3M | $6.8M | 50x | as long as short |
| Bitget COINUSDT | 0.0000% | 8h | 201.69 | +0.025% | $6.9M | $9.7M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 202.35 | +0.351% | $842K | $1.1M | — | as long as short |
| QFEX COIN-USDlong | +0.0021% | 1h | 201.64 | long leg | $1.4M | $3.9M | 10x |
Injective COIN/USDC PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Bitget COINUSDT
Variational Omni COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH COIN | +0.0040% | 1h | 201.56 | −0.040% | $434K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 201.97 | +0.164% | $16K | $53K | 5x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 201.55 | −0.045% | — | $513K | 25x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 201.58 | −0.030% | $16.6M | $12.5M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 201.55 | −0.045% | $129K | $1.2M | 10x | as long as short |
| SoDEX COIN-USDshort | +0.0050% | 1h | 201.69 | +0.025% | $96 | $3K | 10x | |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 201.47 | −0.084% | $361K | $3.3M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 201.75 | +0.055% | $1.0M | $137K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 202.26 | +0.307% | $91K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 201.70 | +0.030% | $583 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 201.87 | +0.113% | $119 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 201.67 | +0.015% | $199K | $341K | 20x | as long as short |
| Phoenix COIN | +0.0237% | 1h | 202.36 | +0.357% | $5K | $279K | 10x | as long as short |
| Lighter COIN | +0.0240% | 1h | 201.56 | −0.038% | $376K | $1.8M | 10x | as long as short |
| edgeX COINUSDC | +0.0296% | 4h | 202.22 | +0.289% | $52K | $293K | 10x | as long as short |
| GRVT COIN_USDT_Perp | +0.0439% | 8h | 202.28 | +0.316% | $12K | $2.0M | 10x | as long as short |
Lighter RH COIN
Arcus COIN-USD
Vest COIN-USD-PERP
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
Ondo Perps COIN-USD.P
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Phoenix COIN
Lighter COIN
edgeX COINUSDC
GRVT COIN_USDT_Perp